Can partners limit the right of a partner to commit their partnership to contracts Would such an agreement be binding (a) on the partners and (b) on outsiders ...

Yes partners can limit the right of a partner S ...

Can partners limit the right of a partner to commit their partnership to contracts? Would such an

Question:

Can partners limit the right of a partner to commit their to contracts? Would such an agreement be binding (a) on the partners and (b) on outsiders?

Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...